The EU Council has published the EU's priorities for fighting financial crime. The priority areas considered include fraud, corruption and money laundering - which are seen to be a particular risk in connection with Russian organised crime groups (OCGs). Specific measures proposed to assist Member States to "cope" with financial crime include:

  • raising awareness, especially among the judiciary, about the means available for attacking the financial wealth of OCGs, such as confiscation/asset freezing;
  • developing close cooperation between financial intelligence units, law enforcement and fiscal authorities, including common training and temporary exchanges of staff;
  • developing common curricula and mutual training schemes for representatives of Member States and third states in order to exchange knowledge on serious finance related crimes, in particular in relation to Russian organised crime;
  • further developing the establishment of and cooperation between national Asset Recovery Offices;
  • enhancing cooperation between law enforcement and key players representing main economic sectors in order to identify and address strategic threats;
  • enhancing witness protection; and
  • making full and coordinated use of the already existing network of EU Liaison Officers in Moscow and considering making available additional resources in the region, in particular in neighbouring countries such as Ukraine and Belarus.